Amkor Technology is exploring a potential sale of a stake in its China business, which could value the unit at about $1B to $1.5B, Bloomberg reported, citing people familiar with the matter. The …
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Unitree IPO frenzy leaves Chinese retail investors with 1-in-5,500 odds
Robotics company’s US$900 million Star Market listing offers slimmer odds than recent offerings by CXMT, Moore Threads and MetaX While Unitree Robotics’ early backers are poised for a windfall in one …
US-China generative AI firms vie for first IPO
Representative AI companies from the United States and China, leading the global AI market, are preparing for initial public offerings (IPOs). In the U.S., OpenAI and Anthropic have already submitted …
Unitree IPO 5,526 times subscribed by retail investors
The high level of interest underscores the investor appetite for physical AI companies, one of Beijing’s strategic priorities. Read more at straitstimes.com. Read more at straitstimes.com.
Oversubscribed 8,288 to 1: China’s Hottest IPO Hits ‘Embodied AI’ Boom
Unitree’s IPO was oversubscribed 8,288 times even as AgiBot overtook it to lead China’s embodied AI boom. The next IPO gold rush?
China exports its economic problems to the world
An electric tricycle factory in China’s eastern Shandong province on July 30. (-/AFP/Getty Images) China’s economy is structurally weaker than it appears and overly dependent on government-subsidized exports. On the surface, China is on track…
Yum China completes $1.2bn acquisition of Pizza Hut brand in China
Yum China Holdings has finalised the purchase of the Pizza Hut brand rights in Mainland China from Yum! Brands in a deal valued at $1.2bn. First announced in June, the transaction transfers ownership …
General Motors says it’s extending its China partnership for 20 years
General Motors is renewing its SAIC Motor joint venture in China for 20 years, the company said late Aug. 4, inking the deal a year ahead of schedule and after the costly restructuring of its…
Unitree’s Shanghai IPO more than 8,000 times oversubscribed by retail investors
BEIJING/SHANGHAI, Aug 10 (Reuters) – Chinese robot maker Unitree said on Monday its $900 million Shanghai initial public offering was more than 8,000 times oversubscribed by retail investors, …
Trump’s China Gambit Puts Standard Chartered’s $500K Bitcoin Thesis Back in Focus
At a White House event on July 6, President Donald Trump reframed his support for Bitcoin in explicitly geopolitical terms, arguing that ceding ground in digital assets would hand China a strategic …
China Hits US Pecans With 54% Levies Before Xi-Trump Summit
China ordered steep anti-dumping deposits on pecan imports from the US and Mexico, adding another source of trade friction weeks before an expected summit between President Donald Trump and Chinese …
China’s Surgical Robot Exports Surge 3.3-Fold as High-Tech Trade Grows
China’s surgical robot exports rose 3.3-fold in the first half of 2026 as robotics, AI, and innovative drugs drive higher-value technology exports.
China Adds 20 Tonnes of Gold as Reserve Shift Strengthens Bitcoin’s ‘Digital Gold’ Narrative
China added nearly 20 tonnes of gold in July, its largest monthly purchase since October 2023. The purchase extended China’s gold-buying streak to 21 months …